Cowboys Plan To Spend More In Free Agency This Year
At approximately $56.133MM in the red, the Cowboys own the worst salary cap situation in the NFL heading into March. That will not be the case for long. Owner Jerry Jones indicated the Cowboys will adjust several contracts to give them far more financial freedom before the legal tampering period begins March 9.
Dallas will restructure deals belonging to quarterback Dak Prescott, wide receiver CeeDee Lamb and left guard Tyler Smith, per Todd Archer of ESPN.com. Doing so will free up $66MM in breathing room. The Cowboys will also rework contracts for the expensive defensive tackle trio of Quinnen Williams, Osa Odighizuwa and Kenny Clark. As things stand, they are due to count an untenable $63MM against the cap in 2026.
Once those changes become official, Jones will act aggressively to improve a team coming off back-to-back seven-win seasons. Jones has not signed an outside free agent to a multiyear deal since 2020. Adding defensive end Dante Fowler for $6MM was the Cowboys’ priciest free agent move last offseason. It appears they will operate much differently this year.
“I would bet that we will spend more money in free agency than we have,” said Jones, who added that the team also has “ammunition” to be active on the trade front.
On the offensive side, the Cowboys have already placed the $27.298MM franchise tag on receiver George Pickens and re-signed running back Javonte Williams to a three-year, $24MM pact. Those two were key contributors on one of the league’s best offenses in 2025, whereas the Cowboys’ last-ranked scoring defense was a train wreck. The unit predictably stumbled after losing its best player, outside linebacker Micah Parsons, in late-August blockbuster trade with the Packers.
The Cowboys received Clark and two first-round picks in the Parsons swap, giving them a pair of No. 1s in each of the next two drafts. They have picks 12 and 20 in Round 1 this April. It seems fair to expect the Cowboys to use both of those selections to upgrade their defense. Regardless, the 83-year-old Jones expects immediate impact from his top rookies in 2026 ( via Machotao).
Having kept Pickens and Williams from the open market, the Cowboys will turn their attention to complementing their prolific offense with a vastly improved defense. New coordinator Christian Parker‘s plan to implement a 3-4 base, which Dallas has not run since 2012, only increases the urgency for outside additions.
Cowboys Place Non-Exclusive Franchise Tag On George Pickens
Time still remained for the Cowboys to place the franchise tag on wideout George Pickens. Nevertheless, Friday has proven to be the day for the tender’s application. 
Pickens has officially been tagged, per a team announcement. A number of reports from Friday morning pointed to today being the point at which the move would take place. Dallas has taken the expected route of the non-exclusive franchise tag in this case, ESPN’s Todd Archer reports.
“My relationship with GP doesn’t change,” head coach Brian Schottenheimer said about Pickens when speaking about the looming tag application. “Just like it didn’t change with CeeDee [Lamb] or Dak [Prescott] when those guys were going through certain things. It’s all part of the process. It’s the business side of it… This is going to play out the way it’s supposed to play out.”
The receiver tag is worth $27.298MM in 2026, the league announced Friday. Although Dallas is an estimated $56MM over the salary cap (per OverTheCap), the team has long been willing to apply the tag to keep Pickens off the market with free agency approaching. Pickens is free to speak with interested teams given the nature of the tag used in this case, but the chances of an outside suitor working out a deal and parting with two first-round picks to facilitate it are extremely low. Attention will instead turn to the matter of contract talks between the Cowboys and their productive 2025 trade acquisition.
As Archer notes, Pickens and his camp were informed of the tag decision yesterday. He adds that “general” conversations took place between the Cowboys and Pickens’ representatives at the ongoing NFL Combine. Progress with respect to detailed negotiations will be worth watching for as this situation unfolds. If no long-term agreement can be reached by July 15, Pickens will be required to play on the tag next season. He may sit out if a deal does not come together, according to Clarence Hill Jr. of All City DLLS.
The Cowboys already have huge money tied up in Lamb, whom they signed to a four-year, $136MM extension in 2024. Lamb ranks third at his position in value, AAV and guarantees ($100MM). He has a better overall track record than Pickens, but with the cap continuing to rise, the latter might be in line for a similar contract. Executives across the league are expecting at least $30MM per year for Pickens, Jori Epstein of Yahoo Sports reports. There is even a possibility the soon-to-be 25-year-old Pickens’ next pact will surpass Lamb’s.
The Cowboys acquired Pickens and a 2027 sixth-round pick from the Steelers for a 2026 third-rounder and a ’27 fifth-rounder last spring. At that point, Pickens had established himself as a good (far from elite) receiver who came with some off-field baggage. The former second-rounder from Georgia had issues with punctuality over his first three years in Pittsburgh. Toward the end of Pickens’ last year with the Steelers, Mike Tomlin said the wideout needed to “grow up.”
The change of scenery worked wonders for Pickens overall. One of the few hiccups came when Schottenheimer benched him (and Lamb) for the opening series in a Week 11 win over the Raiders. The two star receivers missed curfew the night before, but that quickly blew over. Pickens went on to finish a 17-game season with across-the-board career highs in catches (93), receiving yards (1,429) and touchdowns (nine). He easily would have been the most desirable pass catcher on the open market had he gotten there.
Depending on how talks with the Jerry Jones-led Cowboys go, Pickens could still change hands via trade. Jones and Pickens’ agent, David Mulugheta, did not see eye to eye in extension negotiations with superstar pass rusher Micah Parsons last year. After a contentious battle, Jones dealt Parsons to the Packers in a late-August blockbuster.
Jones and Mulugheta will aim for more harmonious talks in this case. If they reach an agreement, Pickens would follow former Cowboys receiver Dez Bryant in inking an extension after receiving the tag. The Cowboys tagged Bryant back in 2015, but they shook hands on a five-year, $70MM deal before the mid-July deadline.
Connor Byrne contributed to this post.
Cowboys Notes: Pickens, Williams, Clark, Clowney, Dean, Liufau
Although the Cowboys placed the nonexclusive franchise tag on George Pickens, they should not exactly be worried about someone poaching him. An offer sheet is seen as highly unlikely, per CBS Sports’ Jonathan Jones. An unmatched franchise tag offer sheet would result in two first-rounders coming back to Dallas. Pickens’ standout 2025 season notwithstanding, he would not fetch that in a trade. While a tag-and-trade scenario has been mentioned here — as the Cowboys have CeeDee Lamb on a $34MM-per-year extension — the team looks set to retain its high-profile WR2 for 2026.
“We couldn’t take the chance on losing him,” executive VP Stephen Jones said, via AllDLLS.com’s Clarence Hill. “George was fired up, excited. He said I don’t want to play anywhere but with the Cowboys. That’s what we suspected. It was all good.”
Jerry Jones spoke with Pickens by phone from the Combine following the tag, per Hill. Pickens, 25, cannot be fined for skipping minicamp or training camp workouts until he signs his $28.3MM franchise tender. The Cowboys are a staggering $56MM-plus over the cap after tagging Pickens, but they will be able to restructure contracts — including Lamb, Dak Prescott, DaRon Bland and Osa Odighizuwa — to create considerable room ahead of free agency.
Here is the latest from around Dallas:
- Another way to create some cap space would be extending Kenny Clark or Quinnen Williams. The Clark-Odighizuwa-Williams trio is set to count a whopping $63.9MM against the Cowboys’ 2026 cap, and the Fort Worth Star-Telegram’s Nick Harris notes the team is in discussions to improve that situation this week. Clark is due an $11MM roster bonus March 13, but Harris adds he is unlikely to be traded, pointing to an extension being in play. Clark is in the final year of a three-year, $66MM Packers-designed deal — one shipped to Dallas in the Micah Parsons trade — and going into an age-31 season. The Cowboys are not expected to deal a player from their three-DT logjam, with new DC Christian Parker exploring ways to maximize it. If one of the DTs is to be moved, though, Harris points to Clark being the top departure candidate.
- In December, a second Jadeveon Clowney Cowboys contract was in play. With Parker now running the defense, Clowney’s Dallas future appears foggier. Stephen Jones confirmed (via The Athletic’s Jon Machota) no talks with the free agent-to-be have taken place. “We’re gonna work through with [Parker]. A lot of it will happen this coming week, in terms of the type of player (we’re looking for),” Jones said. “We’re gonna continue to have those talks, and then we’ll make final decisions on who we think will be productive in this particular system.” Clowney, 33 in April, has played for seven teams in 12 NFL seasons. The former No. 1 overall pick tallied 8.5 sacks and 12 tackles for loss — his most TFLs since his 2018 Houston finale — as a bright spot on a bad Dallas defense.
- With Parker coming over from Philadelphia, some Eagles could be in play to follow him. The Cowboys should be expected to pursue Nakobe Dean, Hill adds. Parker and Dean overlapped for two seasons, and the latter is one of the top ILBs available. Dean’s injury history will make it unlikely he competes with Devin Lloyd or Quay Walker prices on this year’s market, but the former third-round pick should fare decently in free agency. Although Dean wants to stay in Philly, the Eagles paid Zack Baun and using a first-round pick on Jihaad Campbell last year. That makes Dean likely to relocate soon. The Cowboys have a clear need at linebacker, having cut trade pickup Logan Wilson this week. DeMarvion Overshown is also in a contract year.
- As Parker prepares to install a 3-4 defense, Marist Liufau will change positions. The off-ball linebacker is moving to a 3-4 OLB role, Machota adds. A 2024 third-round pick, Liufau has made 14 starts in two seasons.
Cowboys To Place Second-Round RFA Tender On G T.J. Bass
The Cowboys are showing a strong commitment to their restricted free agents. With a second-round tender coming to kicker Brandon Aubrey, Dallas has another one planned for a lesser-known player.
Three-year guard T.J. Bass will receive a second-round RFA tender, ESPN.com’s Jeremy Fowler tweets. The second-round tender price is not yet known, as the salary cap has not been revealed, but OverTheCap projects it to come in at $5.81MM. This will mean around $12MM allocated to two RFAs for the Cowboys.
Bass has been a key backup in Dallas, starting 10 games in relief during his career. Part of the Cowboys’ 2023 UDFA class, the Oregon alum has logged between 315 and 351 offensive snaps in each of his three seasons. Bass split his time nearly equally at LG and RG last season, making starts in relief of Tyler Smith and Tyler Booker. Pro Football Focus graded Bass 29th overall among qualified guards last season.
With Smith extended and Booker locked in at the other guard spot after being drafted 12th overall, Bass has no pathway to a starting job in Dallas. That does make the use of a second-round tender interesting, but the Cowboys are effectively making sure they would collect a valuable asset (a Round 2 pick) if a team signed Bass to an offer sheet and Dallas did not match.
This tender is also interesting due to Bass having only taken snaps at guard as a pro. In place as a second-stringer throughout his Dallas run, the soon-to-be 27-year-old blocker has not made any appearances at tackle or center. Bass, though, came to Dallas after spending his final Oregon season as the Ducks’ left tackle during Bo Nix‘s first Ducks season. Bass moved to LT during his junior season at Oregon, being a guard starter for the Ducks in the 1 1/2 seasons prior to that switch.
Cowboys Prepared To Place Second-Round RFA Tender On K Brandon Aubrey
Talks regarding a Brandon Aubrey extension date back several months. No agreement has been reached, and the Cowboys have little need to aggressively pursue one with their standout kicker at this point. 
Earlier this week, Calvin Watkins of the Dallas Morning News reported an offer worth around $7.5MM had been submitted. A correction issued on Thursday indicates Dallas’ best offer to date is actually just under $7MM. The latter figure would still be sufficient to make Aubrey (who turns 31 next month) the NFL’s highest-paid kicker on an annual basis.
Setting the market is a logical target in this case. Aubrey has proven to be one of the league’s best performers at the position during his three-year Cowboys career. Regularly connecting on long-range kicks, Aubrey’s range has made him an obvious candidate for a major raise. Harrison Butker currently leads the way in terms of kicker compensation with an AAV of $6.4MM.
Aubrey is a pending restricted free agent, meaning he will not test the open market the way many of Dallas’ other players on expiring deals will in March. The Cowboys have the option using an RFA tender in this case; the second-round tender would carry a projected cost of $5.81MM. Confirming a gap has long existed between team and player during negotiations, Clarence Hill Jr. of All City DLLS reports the Cowboys are “comfortable” placing the second-round tender on Aubrey if it proves necessary.
Per Hill, Dallas does not plan to increase its offer, an understandable stance given the fact the tender resides as a fallback option. He adds Aubrey’s agent Todd France shut down negotiations until this week’s Combine upon learning the Cowboys would not be willing to meet an asking price of $10MM per season in this case. Despite the ongoing disconnect, Watkins notes discussions between the sides are still “not considered acrimonious.”
Players who receive an RFA tender can be subject to offer sheets from outside teams. Should a player sign an offer sheet, their parent team has the opportunity to match it. In this case, the Cowboys would receive a second-round pick in the event they were to apply the second-round tender and not match an Aubrey offer sheet.
Cowboys Willing To Make Brandon Aubrey NFL’s Highest-Paid Kicker
As a pending restricted free agent, Cowboys kicker Brandon Aubrey does not have a contract for next season. It isn’t for lack of effort on the Cowboys’ part. The team has presented Aubrey an offer that would make him the highest-paid kicker in the NFL, Clarence Hill Jr. of All City DLLS reports.
The length of the Cowboys’ proposal isn’t known, but they offered Aubrey around $7.5MM per year, according to Calvin Watkins of the Dallas Morning News. With Aubrey seeking nearly $10MM per annum, there is a sizable gap between the two sides. Despite that, talks have been “positive,” Watkins writes. Their discussions date back to the summer.
The Chiefs’ Harrison Butker leads all kickers in total money, average annual value and guarantees on the extension he signed in August 2024. Butker was 29 when he agreed to a four-year, $25.6MM deal with $17.75MM in guarantees. Aubrey will play his age-31 season in 2026, though it works in his favor that the cap has risen significantly since Butker re-upped with the Chiefs.
Despite his advanced age, Aubrey is only a three-year NFL veteran. He began his professional athlete career as a soccer player before changing sports. After Aubrey spent two seasons with the USFL’s Birmingham Stallions, the Cowboys brought in Aubrey in July 2023. The move has worked out brilliantly for both parties.
Aubrey, who has gone to the Pro Bowl in each of his three seasons, owns an 88.2% success rate (112 of 127 ) and a 97% mark on extra points (126 of 130). He nailed a career-best 65-yard try in 2024 and followed it up with a 64-yarder in 2025. But after hitting 94.7% of his field goals in his first year, he checked in at just over 85% in each of the past two seasons.
In knocking in 36 of 42 kicks in 2025, Aubrey finished 21st in the league in conversion rate (85.7%). As of now, the Cowboys don’t believe that’s worth $10MM per year. They have other expensive priorities to address, including the future of pending free agent wide receiver George Pickens. The Cowboys will also focus on much-needed defensive upgrades this offseason.
If Dallas doesn’t have a new pact in place for Aubrey, the team figures to place either a first- or second-round tender on him by the March 11 deadline. Going the first-round route would cost a projected $8.11MM, while the second-rounder would come in at $5.81MM.
Stephen Jones: Cowboys Will Place Franchise Tag On George Pickens
George Pickens may well have been the top free agent in the NFL had he reached the open market next month. As expected, though, that will not take place. 
Pickens has long loomed as a franchise tag candidate, and the Cowboys have a history of tagging players to prevent free agent departures. Dallas, to no surprise, will go down that route once again in 2026. Executive vice president Stephen Jones confirmed on Monday (via NFL Network’s Judy Battista) Pickens will be tagged shortly.
“We always want guys here,” Jones added (via Calvin Watkins of the Dallas Morning News). “We’ve franchised players before, obviously we want him here working with the team. It will work itself out in the coming weeks.”
The franchise tag for receivers is projected to cost $28.82MM in 2026, making it the most expensive one-year tender at any position other than quarterback. The Cowboys already have massive deals on the books in the form of Dak Prescott and CeeDee Lamb, and their offense recently added another increased cost. Running back Javonte Williams secured a raise with his newest Dallas contract, one which should nevertheless leave room for Pickens to be retained.
Acquired via trade last offseason, Pickens elected not to immediately pursue an extension upon arrival. That decision proved to be worthwhile, as the former Steeler set new career highs across the board. Pickens was among the league’s most productive wideouts, racking up 1,429 yards and nine touchdowns on 93 receptions. A premium deep threat, Pickens will only be 25 at the start of the 2026 season. Expectations will thus be high for continued high-end showings on the tag or a long-term Cowboys pact.
Dallas is currently among the teams slated to be over the cap next season. All franchise tags are guaranteed in full, and the one-year cap charge matches their value. That makes a tag more challenging to absorb than a multi-year agreement, even when one is worth a similar (or slightly higher) amount on an annual basis. Pickens has been connected to an asking price of $30MM per year on a new deal, although team and player are not very deep into the negotiating process at this point.
Questions have been raised about whether or not Pickens will report to offseason workouts in the event he is tagged without a subsequent extension agreement. Beyond voluntary work, attendance during mandatory minicamp and training camp during the summer could become a storyline as well depending on how things play out. Dallas’ preference, based on Jones’ comments, remains a pact stretching well beyond 2026. For now, the team will look to buy time by using the tag in advance of next week’s deadline.
Micah Parsons: “I Was Really About To” Join Eagles
As the relationship between the Cowboys and Micah Parsons publicly unraveled last offseason, the Eagles reportedly put forth the best trade package for the star edge rusher. Dallas naturally did not want to deal Parsons to a division rival and ultimately shipped him to the Packers (that swap included a poison-pill provision to guard against the possibility of Green Bay sending Parsons to Philadelphia down the road).
Nonetheless, Parsons himself recently stated he very nearly became an Eagle. On a recent episode of his The Edge With Micah Parsons podcast, the five-time Pro Bowler covered a number of topics with Eagles WR A.J. Brown and Panthers QB Bryce Young, including the fact that he and Brown were almost teammates in 2025.
“To be honest with you, bro, it was very close,” Parsons said (via Geoff Mosher of Philly Voice). “Eagles – before [trade deadline acquisition] Jaelan Phillips, before all of them, it was me.”
Of course, any team that acquired Parsons was going to need to authorize a record-setting extension for him, and the Packers did just that with a four-year, $188MM deal. If he were to sign a new contract with the Eagles, though, Parsons wanted to play alongside Philadelphia defensive tackle Jalen Carter. The Cowboys were known to be targeting DT reinforcements in any Parsons swap – they landed Kenny Clark from Green Bay – and it sounds as if Dallas wanted Carter to be part of a would-be trade with the Eagles.
“I was really about to come [to Philadelphia], but there was one person that I had to play with that if he was gone I did not want to be there, and that was Jalen Carter,” Parsons added. “[The Cowboys] wanted a d-tackle and they wanted to trade me plus some picks. I’m coming to play next to JC. Sorry, Cowboys fans … It really almost happened.”
Prior reporting indicated the Eagles’ offer was comprised of two first-round picks, a third-rounder, a fifth-rounder, and other unspecified assets. Assuming Parsons’ remarks are accurate, Carter was either one of the “unspecified assets,” or Cowboys owner Jerry Jones was not entirely forthright when he said he did not make a counter to Philadelphia’s proposal.
Parsons turned in a stellar first season in Green Bay, compiling 12.5 sacks in just 14 games en route to a third First-Team All-Pro selection. Unfortunately, a Week 15 ACL tear ended his campaign prematurely and kept him sidelined for the Packers’ lone playoff contest. He hopes to return no later than Week 3 of the 2026 slate.
Meanwhile, the Cowboys’ defense was among the league’s worst in 2025, which undermined a strong effort from the Dallas offense. While Parsons’ presence will improve any front seven, the Eagles finished the 2025 regular season 13th in sacks and fifth in points allowed. It was their offense that proved to be more problematic.
Cowboys, Javonte Williams Agree To Deal
The Cowboys will keep pending free agent running back Javonte Williams from hitting the open market. The two sides have agreed to a three-year, $24MM contract, Ian Rapoport of NFL.com reports. The deal includes $16MM in guarantees, according to Adam Schefter of ESPN. Williams will also receive a $6MM signing bonus, Todd Archer of ESPN relays.
Williams’ new pact easily trumps the one-year, $3MM agreement he reached with the Cowboys in free agency last March. The former Bronco settled for a prove-it deal after a dip in rushing production over the previous couple of seasons.
As a 2021 second-round pick from North Carolina, Williams made a quick impact with 1,219 total yards and seven touchdowns as a rookie. He rushed for 903 yards on 4.4 per carry that year, but suffering ACL and LCL tears in Week 4 of his second season temporarily threw his career off course. While the 5-foot-10, 220-pounder returned to play in 33 of of 34 games from 2023-24, he averaged a lackluster 3.7 yards per carry on a combined 356 attempts.
The move to Dallas led to a renaissance for Williams, who emerged as a key cog in the NFL’s second-ranked scoring offense. Playing his age-25 season, Williams started in all 16 appearances and logged career highs in carries (252), yards (1,201), YPC (4.8) and touchdowns (13; 11 rushing, two receiving). A three-time 40-catch back in Denver, Williams chipped in 35 more last season, though he averaged just 3.9 yards per grab.
The Cowboys, who identified Williams as a priority free agent early in the offseason, now have him under wraps for reasonable money. Williams’ new contract places him 13th among running backs in total money, 14th in guarantees and 16th in average annual value. Had Williams become a free agent for the second straight year, he could have joined Breece Hall, Kenneth Walker III and Travis Etienne among the top RBs available. With Williams off the board, teams in need of an upgrade in the backfield now have one fewer starting-caliber option to consider.
Locking up Williams checks off one important offseason task for the Cowboys, who feature arguably the game’s best soon-to-be free agent in wide receiver George Pickens. The Cowboys are expected to place the franchise tag on Pickens by March 3. The question is whether he’ll follow Williams in landing a multiyear deal this offseason.
Cowboys Waive LB Logan Wilson
The Cowboys were hoping that Logan Wilson could stabilize the middle of their defense when they acquired him at the 2025 trade deadline.
The trade did not work out, as the veteran linebacker struggled to make an impact in Dallas. He has now been waived before the 2026 league year, per team reporter Tommy Yarrish.
Wilson, 29, was a 2020 third-round pick by the Bengals. He emerged as a reliable starter during his rookie contract and earned a four-year, $36MM extension as a result. He showed signs of regression in 2024 before undergoing season-ending knee surgery. Wilson was then usurped by rookie linebackers Demetrius Knight and Barrett Carter in 2025, leading him to demand a trade out of Cincinnati.
By that time, his trade value had plummeted, and the Bengals could only get a 2026 seventh-rounder from the Cowboys. But Wilson only logged 24 tackles in seven games (50% snap share) in Dallas and could not carve out a full-time role.
The Cowboys will free up $6.5MM with the move, per Jason Fitzgerald of OverTheCap, but they still have plenty of work to do before becoming cap-compliant for the new league year. Dallas will also need to find more linebacker depth with only DeMarvion Overshown, Marist Liufau, and Shemar James under contract in 2026. Their specific needs at the position may also change with new defensive coordinator Christian Parker and his move away from a 4-3 defense and towards a “multiple” scheme that will be a 3-4 “by nature.”
Wilson, meanwhile, will join a free agent class that has several veteran linebackers with similar profiles. After his regression in the last two years, Wilson may have to take a much cheaper ‘prove it’ deal to rebuild his value and help him establish a second chapter of his career in the NFL.